Orient Cement Limited has informed the Exchange regarding Resignation of Ms BSR & Associates LLP as Other of the company w.e.f. April 22, 2025.

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

ORIENTCEM · price

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹354.90

prior close

₹356.35

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.0%-0.2% vs market

Cement & Cement Products peers, median of 33sector-0.5%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

-0.3+0.4-0.7+0.2-0.5

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-36.2+6.2-42.4+1.3-37.5

-28.1+11.7-39.8+13.8-42.0

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Orient Cement Limited has informed the stock exchange that BSR & Associates LLP has resigned from their role with the company, effective April 22, 2025. BSR & Associates LLP is a chartered accountancy firm and member of BDO Global, commonly engaged in audit or related professional services. The exact reason for the resignation and the company's next steps for appointment of a replacement have not been disclosed in this filing.

Likely market impact

Auditor changes mid-term can raise governance concerns among investors and may lead to short-term uncertainty about the stock. Shareholders should watch for the company's next filing disclosing the reason for resignation and details of the incoming auditor.